China's Yunnan Aluminium Co., Ltd. reported a sharp improvement in financial performance for the nine months ended September 30, 2026, with net income rising approximately 164 per cent Y-o-Y to CNY 11.6 billion (USD 1.74 billion), compared with CNY 4.39 billion (USD 660.96 million) in the corresponding period of 2025 The company's sales increased to CNY 52.61 billion (USD 7.90 billion) from CNY 44.07 billion (USD 6.62 billion) a year earlier, representing growth of approximately 19.4 per cent. The increase in net income significantly outpaced revenue growth, highlighting a substantial improvement in the company's reported earnings during the first nine months of 2026. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global Bauxite & Alumina...
JiaoZuo WanFang Aluminum Manufacturing Co Ltd recorded a 93.5 per cent increase in net income to CNY 1,753.08 million (USD 263.31 million) for the nine months ended September 30, 2026, compared with CNY 905.92 million (USD 136.07 million) in the corresponding period last year. The company's sales rose 19.2 per cent year on year to CNY 5,938.64 million (USD 891.98 million), up from CNY 4,981.54 million (USD 748.23 million) a year earlier. The increase in net income substantially outpaced sales growth during the reporting period. JiaoZuo WanFang's basic earnings per share from continuing operations reached CNY 1.47 (USD 0.22), compared with CNY 0.76 (USD 0.11) in the same nine-month period of 2025. Diluted earnings per share from continuing operations also increased to CNY 1.47 (USD 0.22),...
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The data revealed by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) indicates a 2 per cent year-on-year decline in Iran’s aluminium ingot production during the first two months of the calendar year 1402 (March 21-May 21). The output dropped from 114,850 tonnes to 112,767 tonnes in the ongoing year. South Aluminum Corporation (SALCO), Iran’s one of the top four aluminium ingot producing companies, produced 49,220 tonnes in two months. Iranian Aluminum Company (IRALCO) produced 31,067 tonnes, Almahdi Aluminium Company churned out 26,155 tonnes, and Iran Alumina Company generated 6,325 tonnes. In the past Iranian calendar year 1401 ended March 20, aluminium ingot output stood at 632,166 tonnes , contributed by SALCO’s 270,185 tonnes of production,...
On Tuesday, June 20, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$10.5 per tonne or 0.47 per cent to halt at US$2,184 per tonne and US$2,184.50 per tonne. 3-month bid price and 3-month offer price slumped by US$17 per tonne or 0.75 per cent and US$16 per tonne or 0.71 per cent to reside at US$2,2227 per tonne and US$2,229 per tonne. December 24 bid price and December 24 offer price slipped by US$14 per tonne or 0.58 per cent to peg at US$2,378 per tonne and US$2,383 per tonne. LME aluminium opening stock came in at 555675 tonnes. Live warrants and Cancelled warrants were halted at 305275 tonnes and 250400 tonnes. LME aluminium 3-month Asian Reference Price dwindled by US$15.96 per tonne or 0.70 per cent to clock at US$2,244.83 per tonne. SHFE...
Aluminium China brings together high-quality resources from the aluminium industry and various end-use applications, domestically and internationally. It is one of the leading international exhibitions for the aluminium industry and is set to showcase the latest advancements, technologies, and trends in the sector in its highly anticipated 2023 edition. With a focus on driving innovation and sustainability, Aluminium China 2023 promises to deliver valuable insights and opportunities for stakeholders across the aluminium value chain. Aluminium China 2023 is scheduled to take place from June 5-7, 2023, at Shanghai New International Expo Center, a prestigious exhibition center known for hosting industry-leading events. The strategic location of the venue provides easy access for both...
On Monday, June 19, both the LME aluminium cash bid price and LME aluminium official settlement price shed US$29.50 per tonne or 1.33 per cent to halt at US$2,194.50 per tonne and US$2,195 per tonne, respectively. The aluminium spot price has slumped 4.56 per cent or US$105 per tonne month-on-month from US$2,300 per tonne on May 19 to US$2,195 per tonne, which was yesterday’s official trading price. The 3-month bid price dropped by US$25.50 per tonne or 1.12 per cent, and the 3-month offer price lost US$25 per tonne or 1.10 per cent to anchor at US$2,244 per tonne and US$2,245 per tonne. December 24 bid price and December 24 offer price both descended by US$23 per tonne or 0.95 per cent to officially close at US$2,392 per tonne and US$2,397 per tonne. LME aluminium opening stock came in...
China's aluminium producers are eyeing Indonesia for setting up smelters like nickel manufacturers. Indonesia has shown interest in housing aluminium smelters as they have done with nickel. They want to stop exporting aluminium raw materials and working on getting foreign investors to build domestic smelters. Moreover, as imposed by President Xi Jinping's government, China's domestic capacity ceiling has reached its limit. A new Chinese-backed aluminium plant has already commenced operations in the Southeast Asian nation. The project is also backed by Tsingshan Group Holding, the company that led China's billions of dollars of investments in developing nickel plants in Indonesia. "Chinese aluminium companies have to go out of China if they want to expand, given the capacity ceiling,"...
On Friday, June 16, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$28 per tonne or 1.27 per cent and US$27.5 per tonne or 1.25 per cent to stand at US$2,224 per tonne and US$2,224.50 per tonne. 3-month bid price and 3-month offer price expanded by US$33 per tonne or 1.47 per cent to clock at US$2,269.50 per tonne and US$2,270 per tonne. December 24 bid price and December 24 offer price gained US$32 per tonne or 1.34 per cent to reside at US$2,415 per tonne and US$2,420 per tonne. LME aluminium opening stock came in at 564850 tonnes. Live warrants and Cancelled warrants closed at 309900 tonnes and 254950 tonnes. LME aluminium 3-month Asian Reference Price recorded a surge of US$42.5 per tonne to stop at US$2,279.45 per tonne. SHFE aluminium price...
The largest producer and consumer of aluminium, China’s customs data on June 18, 2023, revealed that aluminium imports in May inclined 1.8 per cent from the previous year. However, despite this, arrivals decreased from the last month due to sluggish industrial demand. According to the General Administration of Customs data, China brought in 191,701 tonnes of unwrought aluminium and products, including primary metal and unwrought, alloyed aluminium, in May. This was lower than the 222,851 tonnes imported in April 2022 but higher than the 188,469 tonnes imported in the same month in 2022. AL Circle's industry-focused report, ' Global Aluminium Industry Outlook 2023 ', revealed that the transport sector would drive the demand for aluminium, followed by the construction and packaging...
Rio Tinto plans to spend $1.1 billion (CAN$1.4 billion) to expand its state-of-the-art AP60 aluminium smelter at Complexe Jonquière in Canada. This development will compensate for the closure of potrooms at the Arvida smelter in the same location and the loss of 170,000 tonnes of capacity. Besides this, Aluminium Bahrain (Alba), the world's biggest aluminium smelter outside of China, was named the 'Metals & Mining Deal of the Year' at the Bonds, Loans & Sukuk Middle East Awards 2023. Under the market forefront, on June 13, 2023, an international news outlet reported that Chinese experts monitoring the situation of the aluminium industry in China's southwestern Yunnan province revealed that energy supply to aluminium smelters would be increased later this month, allowing a portion of the...
NALCO’s Ex-Chairman & Managing Director, Dr Tapan Kumar Chand, has composed a book titled ‘Aluminium: The Future Metal’, which has been released on Friday, June 16, by the Union Mines Minister Narendra Singh Tomar in Indore. The book focuses on the entire value chain of aluminium, giving a complete overview of the strategic metal and its futuristic role in the growth of industry and economy. It is the second book written by Dr T.K. Chand, followed by ‘Aluminium: The Strategic Metal,’ which was highly acclaimed by industry leaders and policymakers. During the launch of the book at the 4th National Conclave on Mines & Minerals, Madhya Pradesh Chief Minister Shivraj Singh Chouhan, Union Minister of State for Mines Haribhai Parthibhai Chaudhary, Odisha Mines Minister Prafulla Mallick, and...
LME aluminium opened at US$2,250.5 per tonne on Thursday, with its low and high at US$2,216 per tonne and US$2,254.5 per tonne, respectively, before closing at US$2,250 per tonne, a dip of US$4 per tonne or 0.18 per cent. On June 15, Thursday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,196 per tonne and US$2,197 per tonne, showing a downward trend of US$3 per tonne or 0.14 per cent in the aluminium price index. On June 15 2022, the LME aluminium spot price was US$2,580 per tonne, which has nosedived US$383 per tonne or 14.84 per cent Year-on-Year to rest at US$2,197 per tonne on Thursday this week. The 3-month bid price and the 3-month offer price also dropped by US$6 per tonne or 0.27 per cent, officially stopping at US$2,236.50 per...
LME aluminium opened at US$2,230 per tonne on Wednesday, with its low and high at US$2,230.5 per tonne and US$2,262.5 per tonne, respectively, before closing at US$2,254 per tonne, a rise of US$22 per tonne or 0.99 per cent. On Wednesday, June 14, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$6 per tonne or 0.27 per cent and US$6.5 per tonne or 0.29 per cent to halt at US$2,199 per tonne and US$2,200 per tonne. 3-month bid price and 3-month offer price hiked by US$7.5 per tonne or 0.33 per cent and US$7 per tonne or 0.31 per cent to score at US$2,242.50 per tonne and US$2,243 per tonne. December 24 bid price and December 24 offer price showed no change to rest at US$2,388 per tonne and US$2,393 per tonne. LME aluminium opening stock settled at...
On June 13, 2023, an international media house reported that Chinese experts attached to the situation of the aluminium industry in China's southwestern Yunnan province revealed energy supply to aluminium smelters would be increased later this month, enabling a portion of the capacity in the drought-stricken area to resume operations. After deficient rainfall impacted hydropower generation in Yunnan , China's fourth largest electrolytic aluminium-producing region, smelters have had to reduce production twice since last September 2022, lowering operating rates by approximately 40 per cent at some companies. Hydropower contributes to almost 70 per cent of the total electricity supply in the province, which has a potential of 5.25 million metric tonnes of aluminium production. The expert...
On June 13, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,193 per tonne and US$2,193.50 per tonne, decreasing by US$27.50 per tonne or 1.24 per cent each, if compared with the aluminium price chart of Friday, June 9. It jumped by US$5.50 per tonne or 0.25 per cent if tallied with June 12, Monday, when the aluminium spot price was US$2,188 per tonne. On Tuesday, the 3-month offer price increased by US$2 per tonne or 0.09 per cent from Monday’s US$2,234 per tonne, down US$30 per tonne or 1.32 per cent if compared with last Friday. December 24 bid price and December 24 offer price plunged by US$27 per tonne or 1.11 per cent from Friday last week to halt at US$2,388 per tonne and US$2,393 per tonne each. On June 12, the December 24...
Domestic primary aluminium production in the United States during March 2023 stood at 65,000 tonnes, registering an increase of 6,000 tonnes or 10.17 per cent month-on-month from 59,000 tonnes, found the US Census Bureau survey. But on a year-on-year basis, the March output edged a sharp fall of 19,000 tonnes or 22.62 per cent from 84,000 tonnes, learned USGS data. In the first quarter of 2023, the United States' primary aluminium production totalled 188,000 tonnes, down by 21.99 per cent from 241,000 tonnes during the corresponding period of the last year. In March 2023, the average daily production of primary aluminium in the US was 2,110 tonnes, up by 11.05 per cent from 1,900 tonnes a month ago and down by 22.71 per cent from 2,730 tonnes a year earlier, similar to the monthly output...
International Conference on Non-ferrous Metals (ICNFM) is an annual event organised to bring non-ferrous metals experts and researchers under one roof to enable them to share industry-specific knowledge and the latest developments. This year, ICNFM - 2023 is scheduled on July 7-8 at Hotel Chanakya BNR, Ranchi, India. The 27th edition of the conference is organised by Corporate Monitor, in association with MECON and Jawaharlal Nehru Aluminium Research Development and Design Centre. With an integrated theme, ‘Global and National Scenario of Non-ferrous Metals: Focus on Aluminium, Copper, Noble & Rare Metals, Recycling & Secondary metal production’, the conference will present research papers from national and international organisations involved in the non-ferrous metal industry. ICNFM –...
According to a report on Monday, June 12, Rio Tinto will expand its state-of-the-art AP60 aluminium smelter at Complexe Jonquière in Canada with an investment of $1.1 billion (CAN$1.4 billion). This expansion will offset the closure of potrooms at the Arvida smelter on the same site and counterbalance the 170,000 tonnes of capacity loss. The report says the Quebec government will finance up to $113 million (CAN$150 million) of the project's total investment, with which 96 new AP60 pots will be installed, increasing the smelter's capacity by about 160,000 tonnes of primary aluminium per year. Hence, the total number of AP60 pots in the smelter will become 134, with a capacity of around 220,000 tonnes per annum. Rio Tinto's in-house AP60 smelting technology is one of the most efficient and...
Aluminium production in China stood at 3.472 million tonnes in May 2023 (31 calendar days), reflecting year-on-year growth of 1.08 per cent, found the Shanghai Metals Market survey. China’s total output from January to May totalled 16.742 million tonnes, a year-on-year increase of 3.36 per cent. The daily production also rose by 404 tonnes from the previous month to around 112,000 tonnes. SMM survey indicated the growth rate of aluminium production capacity was weak in May due to a few recommencements of smelter operation in Guizhou. However, with new capacity coming online in the Northwest and Southwest regions, the share of molten aluminium output at domestic smelters registered a record high of 75.5 per cent. In May 2023, operations of aluminium smelters remained unchanged, except for...
Aluminium Bahrain (Alba), the world's biggest aluminium smelter outside of China, was named the 'Metals & Mining Deal of the Year' at the Bonds, Loans & Sukuk Middle East Awards 2023. Alba was represented at the Awards event by its Senior Head of Treasury, Ali Al Hanan, who accepted the prize on the company's behalf. The event occurred on 07 June 2023 at Madinat Jumeirah Conference Centre in Dubai. "We are humbled to have been given this special recognition, which attests our approach to 'thinking outside the box' with refinancing our loan and linking it to ESG targets. We believe that Sustainability knows no borders as we aim to boost our efforts on all ESG fronts to meet the Kingdom's sustainability objectives," said Alba's Chief Executive Officer Ali Al Baqali. This year, Alba...
